Defense Contracting
When President Dwight Eisenhower, a legendary leader of the armed forces, coined the phrase “military industrial complex,” even he couldn’t have anticipated their stunning accomplishments of military research and development. Here are today’s top defense contractors based on data compiled by the US General Services Administration.
1. Lockheed Martin
A staggering $30 billion has been committed to contracts with Lockheed Martin. The company is currently fulfilling a $528 million project to build interceptors for the Terminal High Altitude Area Defense (THAAD), which is designed to provide protection from ballistic missile attacks.
2. Boeing
More than 12,000 contracts have been awarded to Boeing, including one for nearly $900 million for airborne electronic attack kits such as the “Growler,” which creates tactical jamming and electronic protection for the military.
3. Raytheon
The principal project among Raytheon’s 10,000 contracts is production of 464 Excaliburs, which are the longest-range and most accurate cannon-fired projectiles in the world.
4. General Dynamics
General Dynamics is hard at work building the DDG 51 Class Destroyers for the Navy. This state-of-the-art ship includes advanced systems to defend against submarines as well as against missiles launched via land, air or water.
5. Northrop Grumman
Controversy has surrounded Northrop Grumman’s $55 billion contract to produce the Long-Range Strike Bomber, replacing the Air Force’s dated fleet.
Increase Safety with a Battery-Powered Bomb Caddy from DJ Products
Our electric Bomb Caddy, which can move loads of up to 5,000 pounds, is remote controlled for operator safety. Visit our website and use our convenient online chat feature to learn more from our helpful sales engineers.